Papua New Guinea energy report

• The economy is dominated by the mining and energy sector.
• Under its Vision 2050, PNG aims to produce all its electricity from renewables by 2050.
• Oil Search and ExxonMobil dominate the oil and gas sector. Around 2/3 of the power capacity is operated by industrial autoproducers.
• PNG's power grid is fragmented and suffers from frequent outages.
• Gas production has more than doubled since 2014.
• Total energy consumption is predominantly made up of oil and biomass. Gas consumption is increasing.
• PNG aims to add a capacity of 6.8 Mt/year of LNG liquefaction through the Papua LNG project.
• New hydropower projects may add a significant capacity in PNG.

• Institutions & Energy Policy

  Papua New Guinea (PNG for short) occupies the eastern half of the island of New Guinea (the western part belongs to Indonesia).

  The energy sector is under the control of the Department of Petroleum and Energy (DPE), through two main divisions: Petroleum Division (oil and gas) and Energy Division (electricity and renewables).

• Energy Companies

  Electricity:

  PPL, PNG Power Limited, is the integrated state-owned power company.

• Energy Supply

  Resources:

  The country has large gas reserves: proven reserves are estimated at 216 bcm (end of 2019) and have decreased by 18% since 2010. Proven oil reserves are 15 Mt. The country also has a strong geothermal potential, estimated at between 3-4 GW. The solar potential is large (about 2 500 hours of sunshine per year in Port Moresby).

• Energy Consumption

  Total energy consumption per capita reached 0.52 toe in 2018. Electricity consumption per capita is 580 kWh (2018).

  Total energy consumption increased by 12% in 2018. It is mainly covered by oil (48%) and biomass (33%). Hydropower and geothermal (primary electricity) and gas cover the remainder (10% and 9%, respectively).

  Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)

• Issues & Prospects

  In the APEC 7^th edition of Energy Demand and Supply Outlook report, primary energy demand is projected to increase from 2.4 Mtoe in 2016 to 5 Mtoe in 2050 (BAU scenario).

• GENERAL OVERVIEW
• INSTITUTIONS AND ENERGY POLICY
• ENERGY COMPANIES
• ENERGY SUPPLY
• ENERGY CONSUMPTION
• ISSUES AND PROSPECTS
• DATA TABLES
• ABBREVIATIONS
• GLOSSARY

Download the Table of Contents

Below is a list of the Papua New Guinea energy market report graphs:

• GRAPH 1: CO₂-energy Emissions (MtCO₂)
• GRAPH 2: Installed Electric Capacity by Source (2018, %)
• GRAPH 3: Gross power production by source (TWh)
• GRAPH 4: Power generation by source (2018, %)
• GRAPH 5: Consumption trends by energy source (Mtoe)
• GRAPH 6: Total consumption market share by energy (2018, %)
• GRAPH 7: Final consumption market share by sector (2018, %)

In the Papua New Guinea energy market report you will find the following tables:

• Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO₂ emissions.
• Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source.
• Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
• Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
• Infrastructure Projects: Covers power plant projects by energy, technology, status and operator.

The Papua New Guinea energy market data since 1990 and up to 2017 is included in the Excel file accompanying the Papua New Guinea country report.
It showcases the historical evolution, allowing users to easily work with the data.

Key Data included in the excelsheet:

• Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO₂ emissions.
• Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
• Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
• Energy Balance: total and per energy.
• Papua New Guinea Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Papua New Guinea energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO₂ emissions (from fuel combustion).